With pound increasing after British PM was re-elected with the confidence vote, all of the markets all recovering after losses and mixed performances. To be honest, they are extending their recovery as it began yesterday and keeps on going today as well.
Positive outlook on the possible trade deal between China and United Sates obviously already has its influence on Asian and world markets as we see a clear addition to the major players right now. It is possible that trading is going to soar after the deal is signed in March after all.
As further discussion on perspectives of American-Asian trade relations are both pushing and pulling traders towards Asian shares, trading in the region is mixed. But we can solace in trading American tech and social shares which are gaining positions today for the first time in weeks.
New signs that Chinese economy is still under enormous pressure might me be reason for the future escalation on the relations between United States and Beijing and we are waiting for the clearance of the situation as the markets are covered in mixed performance.
Talks about the future trade agreement between US and China have after all helped the markets edge a little bit higher as the end of the trading week I marked by a recovery that has erased all of the losses taken by the indices yesterday.